- Paul - Posted April 14, 2010 Share Posted April 14, 2010 http://news.bbc.co.uk/1/hi/northern_ireland/8620288.stm Customers being sued for not completing the purchase of apartments in Belfast's Titanic Quarter have told a court of their struggles to secure finance. Dublin-based Harcourt Developments, which built the apartments, issued writs against 12 customers who signed up to buy properties. Proceedings were triggered by plummeting property prices which has left some clients unable to secure mortgages for sales agreed at the height of the market. The shape of things to come elsewhere perhaps? Link to comment Share on other sites More sharing options...
jimbms Posted April 14, 2010 Share Posted April 14, 2010 This may now mean people will not put a deposit down until the property is completed, which can only be good for the buyer and let's face it who gives a toss about the developer Link to comment Share on other sites More sharing options...
Terse Posted April 14, 2010 Share Posted April 14, 2010 http://news.bbc.co.uk/1/hi/northern_ireland/8620288.stm Customers being sued for not completing the purchase of apartments in Belfast's Titanic Quarter have told a court of their struggles to secure finance. Did they try Northern Rock? Link to comment Share on other sites More sharing options...
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